Quali-Smart Holdings (HKSE:01348) Quick Ratio: 2.56 (As of Sep. 2025) — 66% Above Median

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HKSE:01348 Quali-Smart Holdings Ltd HKSE:01348
37 GF Score
Price HK$0.26
GF Value HK$0.01
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Quali-Smart Holdings Quick Ratio?

Quali-Smart Holdings HKSE:01348 -10.53% 37 Quick Ratio is 2.56 as of Sep. 2025, which is 66% above its 10-year median of 1.54. GuruFocus rates HKSE:01348 with a GF Score™ of 37/100 and a GF Value™ of HK$0.01 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 856 Travel & Leisure companies, Quali-Smart Holdings ranks better than 68.34% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Quali-Smart Holdings's quick ratio for the quarter that ended in Sep. 2025 was 2.56.

Quali-Smart Holdings has a quick ratio of 2.56. It generally indicates good short-term financial strength.

The historical rank and industry rank for Quali-Smart Holdings's Quick Ratio or its related term are showing as below:

HKSE:01348' s Quick Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.54   Max: 2.56
Current: 1.74

During the past 13 years, Quali-Smart Holdings's highest Quick Ratio was 2.56. The lowest was 1.13. And the median was 1.54.

HKSE:01348's Quick Ratio is ranked better than
68.34% of 856 companies
in the Travel & Leisure industry
Industry Median: 1.14 vs HKSE:01348: 1.74

Quali-Smart Holdings  (HKSE:01348) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Quali-Smart Holdings Quick Ratio Related Terms


Quali-Smart Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for Quali-Smart Holdings's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Quali-Smart Holdings Quick Ratio Chart

Quali-Smart Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.28 1.87 1.81 1.74

Quali-Smart Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.87 1.67 1.81 2.56 1.74

HKSE:01348 vs AS, HAS, LTH: Quick Ratio Comparison

For the Leisure subindustry, Quali-Smart Holdings's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Quali-Smart Holdings Quick Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Quali-Smart Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Quali-Smart Holdings's Quick Ratio falls into.


HKSE:01348
37GF Score
Quali-Smart Holdings Ltd HKSE:01348
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quali-Smart Holdings Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Quali-Smart Holdings's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(158.728-3.271)/86.037
=1.81

Quali-Smart Holdings's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(64.167-2.591)/24.086
=2.56

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 2.56 mean?
Quali-Smart Holdings (HKSE:01348) has a Quick Ratio of 2.56 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Quali-Smart Holdings and its competitors. This is 66% above median its historical median of 1.54. Over the past decade, Quali-Smart Holdings' Quick Ratio has ranged from 1.13 to 2.56. According to the industry distribution chart, Quali-Smart Holdings ranks #271 out of 856 companies in the Travel & Leisure industry, placing it in the top 31.7%.
Is Quali-Smart Holdings' Quick Ratio too high?
Quali-Smart Holdings' current Quick Ratio of 2.56 is 66% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 2.56. The Travel & Leisure industry median Quick Ratio is 1.14. Quali-Smart Holdings' value of 2.56 is 124.6% above this industry median. Based on the distribution chart, Quali-Smart Holdings ranks #271 out of 856 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Quali-Smart Holdings has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Quali-Smart Holdings' Quick Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Quali-Smart Holdings ranks #271 out of 856 companies for Quick Ratio. This puts Quali-Smart Holdings in the upper half of its industry. The industry median Quick Ratio is 1.14. Quali-Smart Holdings' value of 2.56 is 124.6% above this benchmark. Historically, Quali-Smart Holdings' own Quick Ratio has ranged from 1.13 to 2.56 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.14, Quali-Smart Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.14, based on 856 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Quali-Smart Holdings's current Quick Ratio of 2.56 is 124.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Quali-Smart Holdings and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quali-Smart Holdings's current Quick Ratio is 2.56, which is 66% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quali-Smart Holdings stock overvalued right now?
Based on GuruFocus' analysis, Quali-Smart Holdings (HKSE:01348) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.01, compared to a current price of HK$0.26 — trading 2450% above its estimated fair value. The current Quick Ratio is 2.56, which is 66% above median its 10-year median of 1.54 and 124.6% above the Travel & Leisure industry median of 1.14. Quali-Smart Holdings' overall GF Score™ is 37/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Quali-Smart Holdings (HKSE:01348), the current Quick Ratio is 2.56 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Quali-Smart Holdings (HKSE:01348) Overvalued in 2026?

Based on GuruFocus' analysis, Quali-Smart Holdings stock appears to be overvalued. The current stock price of HK$0.26 is trading 2450% above its estimated GF Value™ of HK$0.01. GuruFocus considers Quali-Smart Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01348:

  • Quick Ratio: 2.56 (66% above median its 10-year median of 1.54)
  • GF Value™: HK$0.01 vs. price of HK$0.26 (2450% above fair value)
  • GF Score™: 37/100 with 4 warning signs
  • Industry Position: 124.6% above the Travel & Leisure median (#271 of 856)

No single metric tells the full story. See the HKSE:01348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quali-Smart Holdings Business Description

Address No. 3 Hoi Shing Road, Tsuen Wan, Workshop C, 19th Floor, TML Tower, New Territories, Hong Kong, HKG
Quali-Smart Holdings Ltd is an investment holding company. The company's operating segment includes the Manufacturing and sales of toys and Financial Services. It generates maximum revenue from the Manufacturing and sales of toys segment. The Financial Services segment includes securities brokerage, underwriting, securities margin financing, investment advisory, corporate finance, and asset management services. Geographically, it derives a majority of its revenue from North America which includes the United States of America and Canada, and also has a presence in the United Kingdom; France; PRC, and Taiwan; Central America, Caribbean, and Mexico; Australia, New Zealand, and Pacific Islands and other countries.
37GF Score

Get the complete analysis for HKSE:01348

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.26
Price
HK$0.01
GF Value